Vodafone 2002 Annual Report Download - page 68

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Vodafone Group Plc Annual Report & Accounts and Form 20-F Board’s Report to Shareholders on Directors’ Remuneration66
Board’s Report to Shareholders on Directors’ Remuneration continued
Further details of options outstanding at 31 March 2002 are as follows:
Exercisable Exercisable Not yet exercisable
Market price greater than Option price greater than
option price market price
Weighted Weighted Weighted
average Latest average Latest average Earliest date
Options exercise expiry Options exercise expiry Options exercise from which
held price date held price date held price exercisable
(Number) (Pence) (Number) (Pence) (Number) (Pence)
Sir Christopher Gent 178,000 58.7 Jul 04 665,500 155.9 Jul 05 15,242,139 211.4 Jul 02
Peter Bamford 150,500 58.7 Jul 04 418,000 155.9 Jul 05 7,293,228 210.5 Jul 02
Thomas Geitner ––––––7,689,301 208.2 Jul 03
Julian Horn-Smith 1,570,500 56.6 Jul 04 212,000 155.9 Jul 05 8,570,449 202.3 Jul 02
Ken Hydon 1,044,000 58.7 Jul 04 225,000 155.9 Jul 05 7,094,852 213.1 Jul 02
Arun Sarin 5,000,000 112.6 Apr 05 6,250,000 286.9 Jul 06 –––
7,943,000 7,770,500 45,889,969
Note:
Market price is the closing middle market price of the Company’s ordinary shares at 28 March 2002 of 129.75p.
The Company’s register of directors’ interests (which is open to inspection) contains full details of directors’ shareholdings and options to subscribe.
These options by exercise price were: Options
held at Options Options Options Options
1 April 2001 granted exercised lapsed held at
Option or date of during the during the during the 31 March
price appointment year year year 2002
(Pence) (Number) (Number) (Number) (Number) (Number)
Vodafone Group Plc Executive Share Option Scheme (Approved – 1988)
Vodafone Group Plc Share Option Scheme (Unapproved – 1988)
Vodafone Group 1998 Company Share Option Scheme (Approved)
Vodafone Group 1998 Executive Share Option Scheme (Unapproved)
48.3 316,000 –––316,000
58.7 2,727,000 – 100,000 – 2,627,000
155.9 1,520,500 –––1,520,500
255.0 764,000 –––764,000
282.3 1,522,500 –––1,522,500
Vodafone Group Plc Savings Related Share Option Scheme (1988)
Vodafone Group 1998 Sharesave Scheme
38.6 26,810 – 26,810 ––
48.0 43,125 –––43,125
127.0 – 17,517 ––17,517
127.1 7,670 – 7,670 ––
215.6 3,130 ––3,130 –
226.0 1,493 ––1,493 –
AirTouch Communications, Inc. 1993 Long Term Incentive Plan(1)
112.6 5,000,000 –––5,000,000
Vodafone Group Plc 1999 Long Term Stock Incentive Plan
151.56 – 2,796,100 ––2,796,100
157.5(2) – 24,943,043 ––24,943,043
286.9 6,250,000 –––6,250,000
291.5(2) 15,803,684 –––15,803,684
33,985,912 27,756,660 134,480 4,623 61,603,469
Notes:
(1) Share options which take the form of American Depositary Shares, each representing ten ordinary shares in the Company, which are traded on the New York Stock
Exchange. The number and option price have been converted into the equivalent amounts for the Company’s ordinary shares, with the option price being translated
at the average exchange rate for the year of $1.4325 : £1.00.
(2) Options granted under the GMR policy.